TITLE

THE HEAT IS ON

AUTHOR(S)
SWEENEY, BRIGID
PUB. DATE
August 2014
SOURCE
Crain's Chicago Business;8/4/2014, Vol. 37 Issue 41, p0001
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses concerns on retail chain Sears Holdings Corp.'s inability to make money from its stores and increased dependence on asset sales to generate cash as Converse Inc. stopped selling shoes to Sears and companies that insure supplier payments are tightening policies on sales to Sears. Topics discussed include the withdrawal of Nike Inc. from Sears in 2005 and the rise in the cost of credit protection on Sears' debt after it reported its loss for fiscal 2014.
ACCESSION #
97409093

 

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